Sorry dude, but you are making up stories and telling lies. RC drilling has practical depth limits, beyond the depth of recent drilling, and the number you are talking of is absurd.
Newexco as I told you are not drillers, google them. They are geophysical consultants. They do not drill and do not call the shots.
IF there is a plan, it will be a carefully staged plan, extending out from the initial intercepts.
It will require further downhole EM, and remodelling as each phase is drilled.
Each stage will be expensive, POS will likely need to do a CR - which in this market is going to dilute all shareholders to the s-house - because as you can see, the market is not placing value on these drilling results. It's a shame, but that's in part the legacy your mate DS left the company with: no credibility.
If this turns out to be a bonefide discovery, this will likely be the same size and tenor as EA, not flying fox, and certainly not Nova which is a totally different style of orebody.
- Forums
- ASX - By Stock
- POS
- So what's the EA exploration plan NH?
So what's the EA exploration plan NH?, page-9
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POS (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.56M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $14.99K | 2.997M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
89 | 67433887 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4861264 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
89 | 67433887 | 0.004 |
37 | 29742592 | 0.003 |
16 | 25500475 | 0.002 |
16 | 24200201 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4861264 | 13 |
0.006 | 27592760 | 19 |
0.007 | 36341367 | 32 |
0.008 | 5663486 | 13 |
0.009 | 3839876 | 11 |
Last trade - 11.10am 23/07/2024 (20 minute delay) ? |
Featured News
POS (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online